Sompo (OTCMKTS:SMPNY – Get Free Report) issued its quarterly earnings data on Friday. The company reported $0.64 earnings per share for the quarter, Zacks reports. Sompo had a return on equity of 13.10% and a net margin of 11.95%.
Sompo Stock Up 2.9%
SMPNY traded up $0.63 during trading on Friday, reaching $22.70. The company had a trading volume of 102,136 shares, compared to its average volume of 149,050. The business has a 50 day simple moving average of $20.52 and a 200-day simple moving average of $19.30. The stock has a market cap of $42.41 billion, a P/E ratio of 9.70 and a beta of 0.30. Sompo has a 52 week low of $14.41 and a 52 week high of $23.41.
About Sompo
Sompo Holdings, Inc (OTCMKTS:SMPNY) is a Tokyo-based insurance holding company that provides a broad range of risk-transfer and risk-management products and services. The group’s core operations include property and casualty insurance for individuals and businesses, life insurance products, and related services such as claims handling, medical and nursing-care services, and assistance solutions. Sompo serves both retail and commercial customers with offerings that commonly include motor, homeowners, commercial property, liability, and specialty insurance lines.
In addition to its domestic Japanese business, Sompo has built a significant international footprint through subsidiaries and acquisitions, operating in regions including the Americas, Europe, Asia and Australia.
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